$4,600,000

$4,900,000 6.1%

Est. payment - /mo

3,014 Sqft Lot

Sold on 11/01/2024

590 W SIERRA MADRE BLVD Sierra Madre, CA 91024

Name: Open House - 11AM-2PM
Start: 2024-11-08T11:00:00.000Z
End: 2024-11-08T14:00:00.000Z
Location: 5437 Noble AVE, Sherman Oaks, CA 91411

Video Tour

GET MORE INFORMATION

Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

UPDATED:

Key Details

Sold Price $4,600,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR24158304

Sold Date 11/01/24

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1937

Lot Size 3,014 Sqft

Property Description

PRIME LOCATION, PRIME OPPORTUNITY! NESTLED IN THE HEART OF SIERRA MADRE THIS MULTIPLE-UNIT PROPERTY HAS A RARE SETUP WITH 6 HOLLYWOOD BUNGALOWS; 1 FOUR-PLEX WITH A SINGLE APARTMENT ABOVE THE PARKING GARAGES; JUST OVER HALF AN ACRE, 30,016 SQ FT LOT; 10284 SQ FT OF LIVING SPACE; 11 UNITS; 22 BEDROOMS WITH 11 BATHROOMS; ALL UNITS ARE 2 BED WITH 1 BATH; FEATURING AMPLE OFF STREET COVERED PARKING WITH 1 CARPORT ALLOCATED TO EACH UNIT! THE OWNERS HAVE LOVED AND MAINTAINED THIS SPECIAL PROPERTY FOR MORE THAN 40 YEARS! WELL-MAINTAINED UNITS WITH MANY UPDATES AND UPGRADES. ALL UNITS HAVE THEIR OWN WASHER & DRYER HOOK-UP. BEAUTIFULLY LANDSCAPED; THERE IS AMPLE OPPORTUNITY TO ADD VALUE TO THIS PROPERTY. EXCELLENT PRO-FORMA INCOME. NOT ONLY ARE YOU IN DOWNTOWN SIERRA MADRE, BUT YOU ARE ALSO MINUTES FROM HASTINGS RANCH SHOPS AND THE FREEWAY! BUILT-IN 1937. CALL OUR OFFICE FOR DETAILED MEMORANDUM.

Location

State CA

County Los Angeles

Area 656 - Sierra Madre

Zoning SRRPYY

Rooms

Ensuite Laundry Washer Hookup, Gas Dryer Hookup

Interior

Interior Features Ceiling Fan(s), Granite Counters, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Laundry Location Washer Hookup,Gas Dryer Hookup

Heating Central

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range, Gas Water Heater

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 10.0

Garage Description 10.0

Fence Average Condition

Pool None

Community Features Curbs, Foothills, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Roof Type Composition

Total Parking Spaces 10

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level One,Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Colonial

Level or Stories One, Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5768023016

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

Listed by Nicola Speranta • Compass • 626-253-6746
Bought with Pierre Khabbaz • Partners Plus Realty Inc.

GET MORE INFORMATION

Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

FEATURED LISTINGS

MORE LISTINGS

5437 Noble AVE, Sherman Oaks, CA 91411

$2,695,000

4 Beds4 Baths2,832 SqFt

Open Fri 11AM-2PM

Single Family Home

Listed by Joey Rockenstein of Coldwell Banker Realty

9820 Kincardine AVE, Los Angeles, CA 90034

$5,890,000

6 Beds8 Baths5,341 SqFt

Open Sun 1PM-4PM

Single Family Home

Listed by Jimmy Heckenberg of Rodeo Realty

2330 W 30TH ST, Los Angeles, CA 90018

$1,425,000

4 Beds3 Baths1,893 SqFt

Open Sat 1PM-4PM

Single Family Home

Listed by Ari Wintraub of Sotheby's International Realty

9988 Reevesbury DR, Beverly Hills, CA 90210

$1,698,000

5 Beds4 Baths4,357 SqFt

Open Sun 1PM-4PM

Single Family Home

Listed by Jimmy Heckenberg of Rodeo Realty

5204 Bedford AVE, Los Angeles, CA 90056

$2,195,000

6 Beds4 Baths4,300 SqFt

Open Sun 11AM-2PM

Single Family Home

Listed by Kevin Towner of Compass

13200 Pacific #207, Playa Vista, CA 90094

$1,100,000

2 Beds2 Baths1,281 SqFt

Open Sun 1PM-4PM

Condo

Listed by Vivian Lesny of Realty One Group United

QUICK SEARCH

Homes For Sale in San Diego, CA